The latest master branch contains enhancements to POW that should boost mining efficiency by 33%.

The difficulty is down (queue length 92) because we reached our target stake and are now happy to let others mine the rest.

Make sure you convert to vesting and commit to hold for an average of 1 year.

Estimated supply 1 year from now is between 400M and 500M depending upon various factors.

i tried to transfer to vesting today. from and to account with already vested steem.. tried to transfer some more on same account. the amount i transferred is not showing in vests... so missing the coins

The latest master branch contains enhancements to POW that should boost mining efficiency by 33%.

The difficulty is down (queue length 92) because we reached our target stake and are now happy to let others mine the rest.

Make sure you convert to vesting and commit to hold for an average of 1 year.

Estimated supply 1 year from now is between 400M and 500M depending upon various factors.

i tried to transfer to vesting today. from and to account with already vested steem.. tried to transfer some more on same account. the amount i transferred is not showing in vests... so missing the coins

VESTS represent a share in the VESTING FUND, if you were able to immediately convert 100% of your VESTS back to STEEM you would end up with the same amount of STEEM you started with.

Using the "info" command in the CLI wallet you can get the following stats:

This means each VESTS is worth 1336248/361249 = 3.69 STEEM at the moment. So calculate your STEEM balance and you will find that you have actually earned significant amount of STEEM as a result of your transfer to vesting.

All currencies that have a fixed block reward start out with near "infinite inflation" that asymptotically approaches 0% as supply grows.

When you convert STEEM to VESTS you lock in your % ownership in exchange for long-term commitment.

no.. i transferred to vesting. vests amount didn't change. while i lost some steem

What command did you type. Account name?

will send in PM to not show my account here

I investigated the PM and found everything to be as expected. But to clarify for others:

VESTS are not denominated in STEEM but represent a *share* in a pool of STEEM.

When you buy into the pool, you "buy VESTS" at the current price defined by STEEM_IN_POOL / TOTAL_VESTS and thereby do not dilute other people in the pool. Your STEEM go into the pool and you get a corresponding share in the POOL.

The network adds new STEEM to the pool without adding VESTS and by this means pays a "dividend" to all holders of VESTS while simultaneously increasing the price of VESTS in STEEM.

Early on a fixed rate of production causes very large percentage increases in supply, but as supply grows percentage increase falls. In other words the price of VESTS in STEEM is rising very quickly right now, so if you plan on converting to VESTS you shoulddo it quickly.